journal,trading a/c nd profit&oss a/c, Accounting Basics

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Why to and by using in journal, trading a/c, p&l a/c and ledger?

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Q. What do you mean by unearned revenue? A liability/revenue adjustment concerning unearned revenues covers situations in which a customer has transferred assets typically cash

The process of adjusting the bond interest expense account, The process of ...

The process of adjusting the bond interest expense account for any premium or discount is called amortization of the premium or discount

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Ask question Discuss the export financing under the deferred payment system.#Minimum 100 words accepted#

Show earned service revenue and received cash, Earned service revenue and r...

Earned service revenue and received cash As its first transaction in July Metro performed deliverance services for customers and received USD 4800 cash. This transaction improv

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Benefites of Management accounting information To obtain this benefit, businesses have become more 'customer driven' (which is, concerned with satisfying customer needs). This

Cash equivalents and investments, Q. Cash equivalents and investments? ...

Q. Cash equivalents and investments? Cash as well as cash equivalents consist of cash on hand and marketable securities with original maturities of three months or less. SFA

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